Posted on 03/18/2024 7:57:38 AM PDT by CFW
1) NO Trump lawyer is named. DO NOT accept this at face value.
2) Sorry, but the guy just INCREASED his net wealth by $4 billion. Pretty sure someone will lend him money.
Wow. Thanks.
It was in a court filing which is public record.
I get that, but here’s the thing. The ATTORNEYS can say that in a filing-—but it doesn’t mean it’s true. It’s an appeal. It may well be a maneuver.
Lying on court documents is illegal and subject to major penalties. Do the attorneys really want to risk their careers for him?
It’s not a lie to say “we can’t do it today” if you can’t do it today but can do it tomorrow.
Per the filing: “In short, “a bond of this size is rarely, if ever, seen. In the unusual circumstance that a bond of this size is issued, it is provided to the largest public companies in the world, not to individuals or privately held businesses.” Id. ¶ 16. The actual amount of cash or cash equivalents required “to collateralize the bond and have sufficient capital to run the business and satisfy its other obligations” “approach[es] $1 billion.” Id. ¶ 17. As a result, “obtaining a bond for $464 million is a practical impossibility.” Id. ¶ 18. “
I see no hedging or fudging in the verbiage. Nothing about being unable to get it today or tomorrow or whenever.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.